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Canadian Metals announces AGM results

Shareholder Meetings

Canadian Metals Inc. CSE: CME

Canadian Metals announces Results of 2018 Annual Meeting and Filing of two

NI 43-101 Technical Report

January 29, 2019 - Montréal, Québec – Canadian Metals Inc. (The “Corporation”) (CSE: CME)

is pleased to announce that shareholders voted in favour of all resolutions presented in its

management Information Circular at the annual meeting (the “Meeting”) held on January 25,

2019. A total of 52,783,659 common shares were voted at the Meeting, representing 43.58%

of the 121,112,837 outstanding common shares at record date of December 12, 2018. Voting

results are as follows:

Election of Director Outcome Votes For Votes Withheld

Set number of Directors

at seven

Carried 52,783,659 100.0% -

Stéphane Leblanc Carried 51,692,042 97.93% 1,091,617 2.07%

Ghita Ouaziz Carried 51,725,375 98.00% 1,058,284 2.00%

Paul Dumas Carried 52,783,659 100.0% -

Roger C Urquhart Carried 52,783,659 100.0% -

Guy Simard Carried 51,725,375 98.00% 1,058,284 2.00%

Pierre Renaud Carried 51,725,375 98.00% 1,058,284 2.00%

Michel G Gagnon Carried 51,725,375 98.00% 1,058,284 2.00%

Appointment of

Auditors

Carried 52,783,659 100.0% -

Shareholders’ Approval Carried 52,774,929 99.99% 5,700 0.01%

Finally, the appointment of PricewaterhouseCoopers LLP as the external auditors of the

Corporation, as well as the other resolutions presented in the management Information

Circular were approved.

The Company has posted the presenta tion from the annual meet ing of shareholders on its

Company website www.canadianmetalsinc.com in the Investor Relation Section.

In addition, the Corporation is pleased to announce it has filed on SEDAR (www.sedar.com )

Two National Instrument 43-101 Technical Report titled "NI 43-101 Technical Report on the

TV Tower Property" dated January 11, 2019 and National Instrument 43-101 Technical

Report titled "NI 43-101 Technical Report Silica Potential Estimation of the La Chesnaye

Lake Property " dated December 19, 2018 by Goldminds Geoservice.

About Canadian Metals

Canadian Metals is a diversified resource company focused on creating shareholder value through

the development of large -scale industrial mineral portfolios in specific commodities and

jurisdictions that will fuel the new energy economy. The company is uniquely positioned to

pursue this strategy in silicon, precious and base metal assets.

For more information, please contact:

Sean Tufford

Vice President, Corporate Development

Email: [email protected]

Phone: (902) 818 -8807

René Boisvert

President,

Email: [email protected]

Stéphane Leblanc

Chief Executive Officer

Email: [email protected]

Website: www.canadianmetalsinc.com

Cautionary Statements Regarding Forward-Looking Information

Certain statements included herein may constitute “forward -looking statements”. All statements

included in this press release that address future events, conditions, or results, including in

connection with the prefeasibility study, its financing, job creation, the investments to complete

the project and the potential performance, production, and environmental footprint of the

ferrosilicon plant, are forward -looking statements. These forward -looking statemen ts can be

identified by the use of words such as “may”, “must”, “plan”, “believe”, “expect”, “estimate”,

“think”, “continue”, “should”, “will”, “could”, “intend”, “anticipate”, or “future”, or the negative

forms thereof or similar variation s. These forward -looking statements are based on certain

assumptions and analyses made by management in light of their experiences and their perception

of historical trends, current conditions, and expected future developments, as well as other factors

they believe are ap propriate in the circumstances. These statements are subject to risks,

uncertainties, and assumptions, including those mentioned in the Corporation’s continuous

disclosure documents, which can be found under its profile on SEDAR ( www.sedar.com). Many

of such risks and uncertainties are outside the control of the Corporation and could cause actual

results to differ materially from those expressed or implied by such forward -looking statements.

In making such forward-looking statements, management has relied upon a number of material

factors and assumptions, on the basis of currently available information, for which there is no

insurance that such information will prove accurate. All forward-looking statements are expressly

qualified in their entirety by the cautionary statements set forth above. The Corporation is under

no obligation, and expressly disclaims any intention or obligation, to update or revise any

forward-looking statements, whether as a result of new information, future events or otherwise,

except as expressly required by applicable law.

Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or

accuracy of this release.